TIP: Click on subject to list as thread! ANSI
echo: locuser
to: Paul Edwards
from: Frank Malcolm
date: 1997-03-25 17:52:08
subject: get rich quick

Hi, Paul.

PE> PE>> But now that you know there's a problem, do
PE> PE>> you have a fix for it for the future?

PE> FM> I just have to remember when you have more than one order in the system
PE> FM> and tell the booking clerk. And that's not foolproof, if say the trade
PE> FM> was done late in the day and I didn't happen to see it, and left for
PE> the
PE> FM> afternoon before it was booked.

PE> You obviously know the situation better than me, but I can tell you, withou
PE> a shadow of a doubt, that your computer systems are inadequate if you are
PE> relying on manual checking.  BFN.  Paul.

I agree. The systems *can* cater for it, but "people", to save
themselves some effort, don't put the order limit info into the back
office system.

And I, for my own reasons which I outlined (and one other), don't put an
order reference into the trading system. Getting the (ASX-provided)
trading system changed would be met with the bureaucratic equivalent of
ROFL - it's been substantially unchanged since it was introduced just
about 10 years ago.

Regards, FIM.

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